December 17, 2012 at 06:03 AM EST
Brace yourself for meager U.S. stock returns
It may not be easy to dance in and out of stocks, but there’s a good way of assessing the market’s valuation and setting expectations for likely returns over the next decade. Investment manager John Coumarianos writes about the Shiller P/E and why it now predicts meager U.S. market returns.
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